I don't suppose it is the done thing to laugh ...

Generali

ruggedtoast wrote: »

I cant believe they thought they were 'victims'. Who are these people who work in the City, idiots on an institutional and personal level?

You'd be amazed at the number of people that are incredibly highly educated that work in some of the more rarified parts of banking. Usually their background is public school, Oxbridge, Harvard, work.

They are phenominally bright and you wouldn't trust them to do a paper round.

fc123

Generali wrote: »

You'd be amazed at the number of people that are incredibly highly educated that work in some of the more rarified parts of banking. Usually their background is public school, Oxbridge, Harvard, work.

They are phenominally bright and you wouldn't trust them to do a paper round.

I should take the time to google it...but from memory, there are several types of skillsets and talents.
Memory, dextrous, maths etc

In todays society those that can digest info, juggle it and memorise it, then spill it out again are regarded as the most intelligent. Our current exam system rewards those skills.
A photographic memory (luck if you are born with one) is a real asset to passing exams.

I am always really impressed with the AA man. Stranded by road with dead car. Opens bonnet, looks, hums and has, gets a few tools. 30 mins later, car working again. Genius.

Academic types (and I have them in my family) sometimes struggle with really, basic, practical tasks. Doesn't mean they can't do them....just means they have to concentrate harder at them than others.


One does wonder about all the clever, complicated schemes they devised...no-one thought about the practical effects they could have on the ordinary person.

dopester

GracieP wrote: »

These people's combined basic income is £446k pa. While I don't equate earnings with intelligence I'd imagine anyone with that kind of salary has to have a rudimentary understanding of finance. How can they have the temerity to blame anyone else for their current circumstance?

Yes; city traders, borrowing heavily to trade UP just last December. Maniacs.

PasturesNew

fc123 wrote: »

In todays society those that can digest info, juggle it and memorise it, then spill it out again are regarded as the most intelligent. Our current exam system rewards those skills.

I have an IQ of 163, left school with 2 O Levels, no degree.
So intelligent many put me on a pedestal in and out of the workplace.
Hard to employ because an employer can't tick the "got a degree" box.

HammersFan

PasturesNew wrote: »

I have an IQ of 163, left school with 2 O Levels, no degree.
So intelligent many put me on a pedestal in and out of the workplace.
Hard to employ because an employer can't tick the "got a degree" box.

Surely then getting a degree would be a breeze, and hence get rid of that annoying 'no tick in the box problem'? There are alot of very intelligent people with degrees - which puts them one step ahead.

MrsE_2

skap7309 wrote: »

''We are victims of irresponsible lending which was unsustainable''

Ummm, it was you who asked for the money..........................

Yes i agree, greed played a big part.

:rotfl: :rotfl: :rotfl: :rotfl:

Victims of their own stupidity:rolleyes:

& they are city whiz kids:rolleyes: :rolleyes:

sabretoothtigger

Borrowing against share value is something they did in the 1920s as well apparently

PasturesNew

HammersFan wrote: »

Surely then getting a degree would be a breeze, and hence get rid of that annoying 'no tick in the box problem'? There are alot of very intelligent people with degrees - which puts them one step ahead.

There comes a time when the age you'd be when you finished would mean it wasn't worthwhile. Ageism is illegal, but exists. And in the limited time available left in the workplace could one catch up with the loss of earnings during the duration at Uni.

The question is: at what age is it really not worth taking the risk that it would make a difference bearing in mind your age/location.

PasturesNew

At their age they can start again.
If they still have jobs.
In any case, if you earn £250k/year, I'd imagine it'd be difficult to earn less than £75k doing something.

fc123

PasturesNew wrote: »

There comes a time when the age you'd be when you finished would mean it wasn't worthwhile. Ageism is illegal, but exists. And in the limited time available left in the workplace could one catch up with the loss of earnings during the duration at Uni.

The question is: at what age is it really not worth taking the risk that it would make a difference bearing in mind your age/location.

You could do one part time? You'd probably polish it off a lot quicker too.

Always worth doing if it's something you are interested in (or have a natural talent for) plus if it could link to a handy skill.
Language? Translating pays well (my aunt has done it for yrs and marks exams etc.) I believe she still does and she is 74.

I'm sure you could polish off an IT qualification in the fraction of the time it would take others.

TBH I'm not that knowledgable about adult educ but age is no barrier...you could live to 85 fully functional.

I intend (ha ha....my plans keep getting mucked up tho') to do a BSc one day...I def can't fit it in for a few more yrs and I am already 45....but handy qualification for when I am older....but have been inspired by LIR and davesnave to look at land management (if quals exist) as handy for a self sufficient life one day

Must be somone on here with more knowledge about it.
Hope you are OK? You have sounded a bit down in some of your posts recently.....but I may have read them wrong....being 'down' meself at the mo.....everything feels gloomy, doomy.